Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hong Kong SAR - 2022
Contents:
- Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hong Kong SAR (CIF) - 2022
- Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hong Kong SAR
Price for Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hong Kong SAR (CIF) - 2022
The average import price for plants, live; rhododendrons and azaleas, grafted or nots stood at $3.8 per unit in 2022, jumping by 51% against the previous year. Overall, the import price, however, saw a slight contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 52%. Over the period under review, average import prices attained the maximum at $4.8 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3.9 per unit), while the price for Germany ($3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), while the prices for the other major suppliers experienced a decline.
Imports of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hong Kong SAR
In 2022, imports of plants, live; rhododendrons and azaleas, grafted or nots into Hong Kong SAR reduced remarkably to 4.1K units, with a decrease of -86.6% on 2021 figures. Over the period under review, imports faced a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 12%. Over the period under review, imports of attained the maximum at 57K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of plants, live; rhododendrons and azaleas, grafted or nots fell remarkably to $16K in 2022. Overall, imports recorded a dramatic setback. The growth pace was the most rapid in 2021 when imports increased by 71% against the previous year. Imports peaked at $101K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Plants, Live; Rhododendrons and Azaleas, Grafted or Not in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 28.0 | 21.2 | 30.0 | 11.9 | -24.8% |
| China | 66.9 | 20.5 | 43.6 | 2.6 | -66.1% |
| Germany | 5.1 | 2.9 | 3.0 | 0.9 | -43.9% |
| Others | 1.1 | 0.6 | 0.6 | 0.2 | -43.3% |
| Total | 101 | 45.1 | 77.3 | 15.6 | -46.3% |
Top Suppliers of Plants, Live; Rhododendrons and Azaleas, Grafted or Not to Hong Kong SAR in 2022:
- Japan (3.1K units)
- China (0.7K units)
- Germany (0.3K units)
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